30th May 2017 07:28
BOS GLOBAL Holdings Limited
ACN 009 087 852
AIM Release
30 May 2017
Launch of patented BOS Time and BOS360 Platform as a Service ('PaaS')
BOS GLOBAL Holdings Limited ("BOS GLOBAL" or "the Company") (AIM: BOS), the software developer focused on improving productivity and creating operational efficiencies in the workplace with "Workplace Analytics", announces the launch of the patented BOS360 Work Patterns™ Platform as a Service (PaaS) (www.bos-360.com) along with its core patented product, BOS Time™ (www.bos-360.com/bos-time)
BOS360 Work Patterns does the job of making workforces efficient at individual, teams and organisational levels.
BOS Time™ automatically evidences, captures and visualises with BOS360 PaaS worker's activities, tasks and communications.
For example, the combination of BOS-Time and the BOS360 Work Patterns (PaaS) provides:
1. A unique and real time view of productivity at the organisation, team and individual level.
2. An ability to mine rich and meaningful data that can be measured and benchmarked to drive smarter and more productive behaviour.
3. A non-subjective tool to analyse resources and optimise staff performance.
The Company continues to work with a number of clients for BOS Meet, BOS Automate and those same clients are also expected to trial BOS Time™. In addition, the Company is actively supporting Call Design (Platinum Reseller of BOS products) to sell BOS products with its established and long term client base.
BOS GLOBAL Managing Director Michael Travia said, "Our enterprise skilled and capable software product and development teams continue to impress with their commitment and ability to deliver on time and on budget with their 3rd and 4th product release in six months. That same commitment is also being demonstrated with our expanded sales capability as the Company increases its pipeline of license sales opportunities and continuing focus to close deals of BOS Meet, BOS Automate and BOS Time, with BOS360 Work Patterns PaaS visualisation". Michael went on to say "I reiterate, its People that are the engine room of successful companies, and to those BOS People responsible for this major milestone - Take a bow and Thank you!
**ENDS**
For further information please visit www.bosglobal.com & bos-360.com or contact:
Michael Travia Managing Director | BOS GLOBAL Holdings Limited | Tel: +61 (0) 8 9322 4071 |
Andrew Thomson NOMAD | RFC Ambrian Limited | Tel: +61 (0) 8 9480 2500 |
Charles Goodfellow / Lucy Williams Broker | Peterhouse Corporate Finance Limited | Tel: +44 (0) 20 7220 9791 |
Charlotte Page Financial PR | St Brides Partners Ltd | Tel: +44 (0) 20 7236 1177 |
About BOS GLOBAL
BOS GLOBAL is a Software Company dedicated to making workplaces more productive.
It does this through its patented platform built to capture and analyse activities as a smart way to help individuals to achieve greater levels of workplace efficiency.
The platform known as BOS360 Work Patterns Platform as a Service ('BOS360 PaaS') launched May 2017, is unique in its ability to digitally render real time views of productivity in the form of Work Patterns at an individual, team or organisation level.
The platform comprises of three main business competencies;
1. Workplace Automation - How digital information (records and documents) is managed in the workplace.
2. Workplace Productivity - How people are spending their time at work
3. Workplace Integrity - How workplace information is secured and validated.
Each of these competencies are supported by a range of enterprise grade software products designed to perform a specific set of workplace functions. These products also act as both collectors and feeders of information to the BOS360 PaaS for use in the generation of Work Pattern reports and Workplace Analytics.
BOS GLOBAL aims to grow its revenue through the generation of re-occurring income via subscriptions of its BOS360 PaaS and supporting products, as well as through licensing of its patented Work Pattern technology. The Company's sales strategy is focussed on building a global distribution partner network via Enterprise Software Vendors, Professional Services organisations and Consulting Practices.
The Company acquired a 40% equity interest in Call Design Pty Ltd on 23rd May 2017, a profitable, Australian based, global provider of workforce optimisation tools, focused particularly on call centre services, which has an established blue chip client base. This highly synergistic investment is expected to provide multiple cross-selling opportunities to both companies in line with BOS GLOBAL's strategy to deliver a comprehensive business optimisation offering globally. This investment includes the 1st Rights of Offer and Refusal for BOS to acquire the balance of Call Design on the same financial terms as the initial 40% investment.
Call Design sets a new standard for Workplace Optimisation, while BOS GLOBAL's software sets a new standard for Workplace Efficiency. Both products will be offered through BOS360 PaaS, setting a new standard for Workplace Analytics to give companies greater control in making informed, fact-based decisions on their operational activities; Workforce Analytics is a combination of software and methodology that applies statistical models to worker-related data, allowing enterprise leaders to optimise human and machine resources.
BOS GLOBAL Holdings Limited is an AIM listed company incorporated in Australia, operating from offices in Melbourne, Sydney and Brisbane. The Company also has a regional office in Hong Kong, responsible for the Asia-Pacific region and processing of large scale enterprise product sales with a greater than USD20 revenue stream over an initial three-year contract term. Such deals include acquisitions and investments like the size of Call Design.
The Company is working towards its expanded London Office with its planned move of both Corporate and Board function to London in late 2017. Further, plans are well underway to increase its representation in Europe, the Middle East and Africa ("EMEA") and North America with that of Call Design, and with offices on track to be established in 2017 in London and San Francisco respectively.
This announcement contains inside information as stipulated under the Market Abuse Regulations (EU) no. 596/2014 ("MAR").
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